1022 E 219th ST, Bronx, NY 10469
1022 E 219th ST, Bronx, NY 10469
1022 E 219th ST, Bronx, NY 10469
1022 E 219th ST, Bronx, NY 10469
1022 E 219th ST, Bronx, NY 10469
1022 E 219th ST, Bronx, NY 10469
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,685,000
Est. payment | /mo

2,617 Sqft Lot

Save
$ 1,685,000
Est. payment | /mo
Save

2,617 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Baychester

MLS Listing ID 1033848

Rental Info No

Year Built 1925

Annual Tax Amount $6,850

Lot Size 2,617 Sqft

Acres 0.0601

Property Sub-Type Multi Family

Source onekey2

Property Description

Prime Bronx Investment Opportunity | High-Yield 8.24% Cap Rate!

Incredible turn-key investment opportunity in the Bronx! This well-maintained, 5-family brick walk-up building features free-market rents, excellent collection history, and major mechanical upgrades already completed.

Key Building Features:

Upgrades: New roof, new garage roof, new windows, upgraded electrical service (meters & panels), upgraded gas service, new gas steam boiler, 2 new gas hot water heaters, and a security camera system.

Property Layout: Includes five residential units 3BD, 2BD, 1BD, 1BD, Studio, plus 2 single-car garages generating additional income.

Financial Snapshot:

Asking Price: $1,685,000

Gross Annual Income (2026): $164,208 ($13,684/month)

Annual Expenses (2025): $25,307

Net Operating Income (NOI): $138,901

Cap Rate: 8.24%

Low-maintenance property with reliable rental history and strong cash flow from day one. Don't miss out on this high-performing asset!

Location

State NY

County Bronx County

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Combination, Hardwood, Laminate

Fireplace No

Appliance Gas Oven, Refrigerator

Exterior

Parking Features Garage

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Century 21 Kafcos Realty • Eugene Branca

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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1022 E 219th ST

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